The following data describes weekly gross revenue (), television advertising expenditures (), and newspaper advertising expenditures () for Showtime Movie Theaters.
Weekly Gross Revenue Television Newspaper Advertising Advertising
() () ()
95 5.0 1.5
90 2.0 2.0
95 4.0 1.5
92 2.5 2.5
95 3.0 3.3
94 3.5 2.3
94 2.5 4.2
94 3.0 2.5
Required:
Find an estimated regression equation relating weekly gross revenue to television advertising expenditures and newspaper advertising expenditures (to decimals).